418 Quequechan St, Fall River, MA 02723
- $1,989,000
- 5
- BA
- 41,586
- SqFt
- List Price
- $1,989,000
- Status
- ACTIVE
- MLS#
- 73567578
- Bathrooms
- 5
- Living Area
- 41,586
- Lot Size (Acres)
- 1.4
- Year Built
- 1871
Property Description
Excellent opportunity to acquire a fully leased, multi-tenant commercial investment property in Fall River. This substantial granite building offers approximately 41,586 square feet across two levels with a diverse mix of retail, service and community-oriented occupants. Current uses include a restaurant, laundromat, nail salon, market, clothing store, holistic health business, community outreach organization, gym, sensory play and art collective. The property is currently offered with strong rental history and a reported net operating income of $172,400. Its varied tenant mix helps support dependable cash flow while offering opportunities for incremental income growth. More than $300,000 in recent capital improvements include roofing, sewer work, bathrooms and plumbing, heating and cooling, electrical work, interior construction and painting, parking-lot repairs, exterior masonry and chimney repairs, fire-alarm and sprinkler upgrades, code improvements, and an ADA-accessible second-level ramp with railings. Conveniently located near major roadways, public transportation, area businesses and neighborhood services. Investment, value-add and potential future owner-user opportunity, subject to existing leases. Buyer and buyer’s agent to verify all information and perform all due diligence.
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Additional Information
- Taxes
- $15,827
Mortgage Calculator
Listing courtesy of Listing Agent: Luke Walen from Listing Office: Keller Williams South Watuppa.
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